Calculated Industries 3126 - Manual (Page 5)

[Dn Pmt]
Down Payment: Enters (in either Percent
or Dollars) or calculates a Down Payment
based on the entries of Loan Amount (or
equivalent mortgage components) and
Sales Price. A second press toggles the
entered down payment from dollar fig-
ure to percent or vice versa.
Note: any
entered numerical value under 100 is
assumed to be a “percent down payment.”
[Price]
Sales Price: Enters or calculates a Sales
Price based on the Loan Amount and
Down Payment.
Note: Entered Sales Price
values will not normally change.
[L/A]
Loan Amount: Enters or solves for the
initial loan amount or present value of a
financial problem.
[Pmt]
Payment: Enters or solves for the periodic
principal and interest (P&I) payment.
Pressing twice calculates PITH (including
property tax, insurance, mortgage insur-
ance and heat, if entered).
[Term]
Enters or solves for the number of years.
A second press gives number of periods.
[Int]
Interest: Enters or solves for the annual
interest rate. Press twice for the periodic
rate. (Stored permanently, until changed)
User’s Guide — 5